On May 1, 2025, analyst Radi Sultan from UBS maintained a "Buy" rating for Confluent (CFLT, Financial), while lowering the price target from $38.00 to $30.00. This adjustment marks a -21.05% change from the prior price target.
Despite the reduction in the price target, the sustained "Buy" rating indicates continued confidence in Confluent's (CFLT, Financial) market position by the UBS analyst. The revised price target could reflect adjustments in market expectations or company performance projections.
Investors in Confluent (CFLT, Financial) should take note of this updated evaluation, as it may impact investment decisions and stock performance expectations. The stock is traded on the NASDAQ, with the price target expressed in USD.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Confluent Inc (CFLT, Financial) is $30.83 with a high estimate of $40.00 and a low estimate of $22.00. The average target implies an upside of 53.54% from the current price of $20.08. More detailed estimate data can be found on the Confluent Inc (CFLT) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, Confluent Inc's (CFLT, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Confluent Inc (CFLT, Financial) in one year is $44.10, suggesting a upside of 119.62% from the current price of $20.08. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Confluent Inc (CFLT) Summary page.
